NonprofitsMagnet Educational Choice Association Inc

Education

Magnet Educational Choice Association Inc

MIAMI, FL

Total revenue

$495K

Total expenses

$455K

Net assets

$321K

Grants received

$202K

10 grants

EIN

650290712

Tax year

2023

Mission

To support academic achivevement and carrer readiness by providing business/education partnerships.

Financials

FY 2023

Revenue

Contributions & grants$420K
Program service revenue
Investment income$4K
Other revenue$70K
Total revenue$495K

Expenses

Grants paid
Salaries & benefits$46K
Fundraising
Other expenses$409K
Total expenses$455K
Total assets$350K
Net assets$321K

People

13 listed

NameRoleCompensation

DEBRA A SIMMONS

CHIEF EXECUTIVE OFFICER

Board

$44K

8 hrs/wk

LUIS SANCHEZ

DIRECTOR

Board

2 hrs/wk

ELBE BURKE

DIRECTOR

Board

2 hrs/wk

JESSIANN M SANCHEZ

DIRECTOR

Board

2 hrs/wk

VALDA MCKINNEY

DIRECTOR

Board

2 hrs/wk

NATOIA MCGARRELL

DIRECTOR

Board

2 hrs/wk

BERT SILVERSTRE

DIRECTOR

Board

2 hrs/wk

STEPHANIE LEGER

DIRECTOR

Board

2 hrs/wk

JONATHAN MUNOZ

DIRECTOR

Board

2 hrs/wk

SARAH TUSKEY

TREASURER

Board

2 hrs/wk

DIANA MORALES

SECRETARY

Board

2 hrs/wk

JUDITH STEIN

DIRECTOR

Board

2 hrs/wk

BENTON LAUNERTS

CHAIR / PRESIDENT

Board

2 hrs/wk

Grants received

Showing 10 of 10

FromAmountPurposeYear
$41K
WEILL AWARD, DISTINGUISHED ACADEMIES, STUDENT INDUSTRY CONFERENCE
2023
$10K
2023 M-DCPS NAF Student Industry Conference
2023
$20K
STUDENT ACTIVITY TRIPS
2022
$10K
NAF Mega Student Industry Conference
2022
$4K
GENERAL SUPPORT
2022
$50K
WEILL AWARD AND DISTINGUISHED ACADEMY AWARDS
2021
$15K
DISTINGUISHED ACADEMY AWARD
2020
$10K
PROGRAM SUPPORT
2020
$26K
AWARDS
2018

Funded by

$202K from 6 funders · 10 grants · 2018–2024

Naf

$132K · 4 grants · 2018–2023

Akamai Foundation Inc

$20K · 2 grants · 2022–2023

Invest In Others Charitable

$20K · 1 grant · 2022

Mightycause Charitable Foundation

$17K · 1 grant · 2024

The Miami Foundation Inc

$10K · 1 grant · 2020

The Garner Foundation

$4K · 1 grant · 2022

Details

EIN650290712
NTEE codeB12
Subsection03
Ruling date1992-03
Formed1991
Employees1
Volunteers4
MAGNET EDUCATIONAL CHOICE ASSOCIATION INC — Mission, Financials & Grants Received | Grantivo